12111 S Figueroa Street
Los Angeles, CA 90061
Active for $1,995,000
Beds: 23 Baths: 12 Structure Size: 9,766 sqft Lot Size: 10,355 sqft
MLS | 25493983 |
Year Built | 1960 |
Property Type | |
County | Los Angeles |
Status | Active |
Active | $1,995,000 |
Structure Size | 9,766 sqft |
Lot Size | 10,355 sqft |
Beds | 23 |
Baths | 12 |
Description
James Allan Properties is proud to present a 12 Unit Building in close proximity to the 110 Fwy and 105 Fwy Consisting of 11: 2BD l 1BA units and 1: 1BD l 1 BA unit, excellently maintained with great upside potential. Newer Roof, updated plumbing, and sewer line, newer Landscaping, Stucco and several units completely remodeled. Extra storage/previous rental unit with potential to convert to ADU. Secured ample parking. Currently operated at 4.4 cap with upside pro forma of 11 cap rate at market rents. 9766 sq ft Building space and 11,326 Sq ft lot size .Subject to LA rent control. Email for OM.
Listing information courtesy of: James Allan, Compass 310-704-0007. *Based on information from the Association of REALTORS/Multiple Listing as of 02/11/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.